Home Daily Updates IMPORTANT CURRENT AFFAIRS & DAILY NEWS UPDATES : 28- OCTOBER - 2016
IMPORTANT CURRENT AFFAIRS & DAILY NEWS UPDATES : 28- OCTOBER - 2016
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Friday, 28 October 2016 04:55

 

 

 


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DAILY NEWS UPDATES

28- OCTOBER - 2016

 

:: NATIONAL ::

CJI SAYS FREEBIES CAN'T BE CAMOUFLAGED AS WELFARE MEASURES

  • Is announcement of free colour TVs in election manifestos in return for votes a “corrupt practice”?
  • In 2013, the Supreme Court replied that a promise in the election manifesto did not amount to an electoral corrupt practice under the Representation of People Act (RPA).
  • The court was then deciding a challenge against the free distribution of 30,000 colour TVs by the DMK after its victory in the 2006 Assembly polls. The party’s manifesto had promised TVs for every household.
  • Chief Justice T.S. Thakur, presiding over a seven-judge Constitution Bench, contradicted the apex court’s 2013 stand.
  • The Chief Justice did not mince words. He said promises like free TVs and money in election manifestos were nothing short of bribery.
  • Chief Justice Thakur asked how instruments of amusement like free colour TVs could be camouflaged as “welfare measures” by political parties.
  • The CJ made the observations while examining the question of whether Section 123(3) of the RPA prohibited a candidate or his agent or any other person with the candidate’s consent from appealing for votes or refrain from voting on the grounds of his religion, race, caste, community or language.

NARENDRA MODI SCHOLARSHIP FOR MUSLIM STUDENTS RECEIVED ENTHUSIASTIC RESPONSE

  • The Narendra Modi Scholarship for Muslim students received enthusiastic response from students in Aligarh and beyond.
  • The scholarship was constituted in May by an Aligarh-based group of Muslim intellectuals, the Forum for Muslim Studies and Analysis (FMSA), and is meant for the economically backward Muslim students.
  • Over 22,000 applications were received, claimed director of FMSA Dr. JaseemMohammmad.
  • The largest chunk of the 15,956 applications came from girls. The applicants compete for a total number of 100 annual scholarships of Rs. 5.000 each.
  • Narendra Modi Scholarship for Muslim Students was launched this year, considering the weak economic condition of Indian Muslims because of which a large number of Muslim children remain uneducated or fail to have higher education.
  • The first volume of the proposed five volume biography was launched by the Prime Minister himself on May 10.

PAUL BEATTY’S NOVEL THE SELLOUT, WON THE MAN BOOKER PRIZE

  • Paul Beatty’s novel The Sellout , a blistering satire about race in America, won the Man Booker Prize, marking the first time a U.S. writer has won the award.
  • The five Booker judges, who were unanimous in their decision, cited the novel’s inventive comic approach to the thorny issues of racial identity and injustice.
  • The Sellout drew ecstatic praise from critics and writers when it was published in the U.S. last year, and it won the 2015 National Book Critics Circle Award for fiction.
  • The novel’s narrator is an African-American urban farmer and pot smoker who lives in a small town on the outskirts of Los Angeles. Brought up by a single father, a sociologist, the narrator grew up taking part in psychological studies about race.
  • He becomes a slave owner to a willing volunteer, an elderly man named Hominy Jenkins who once played understudy to Buckwheat on The Little Rascals , and seeks to reinstate segregation in a local school.
  • Using scathing humor to address serious themes came naturally to Mr. Beatty, who has said in interviews that he finds everything funny on some level. Still, he’s reluctant to call himself a satirist.
  • The competition for the Booker, which was first awarded in 1969, has been even more intense in recent years after the prize was opened to any novel written in English and published in Britain.

THE COMMITTEE, HEADED BY L. NARASIMHA REDDY GAVE REPORT ON OROP

  • A one-man judicial committee appointed to look into anomalies in the one rank, one pension scheme for retired military personnel submitted its report to Defence Minister.
  • The committee, headed by L. Narasimha Reddy, retired Chief Justice of the Patna High Court, was appointed in last December for six months and was later given a six month extension.
  • The judicial committee had held hearings in nearly 20 cities and towns across the country and interacted with cross-sections of ex-servicemen and their associations..
  • The panel received 704 representations from individuals and various ex-servicemen associations and had held extensive interactions with all stakeholders before submitting its report, the Ministry statement added.

:: INTERNATIONAL ::

SRI LANKA DRAFTS NEW LAW TO COUNTER TERRORISM

  • Even as Sri Lanka drafts a new law to counter terrorism, human rights activists and lawyers here fear it might be worse than the Prevention of Terrorism Act (PTA) they want repealed and replaced.
  • One of the key demands around regime change in Sri Lanka in January 2015 — when former President MahindaRajapaksa was unseated —was to repeal the PTA.
  • The PTA was enacted in 1979, under President J.R. Jayawardene, primarily to crush the emerging armed struggle of Tamil youth protesting the state’s apparently discriminatory policies.
  • Modelled on South Africa’s apartheid-era legislation and laws that the British used against Irish militancy, the PTA became a permanent law in 1982.
  • Ever since Sri Lankan armed forces defeated the rebel Tigers in May 2009, bringing a nearly-three decade-long war to an end, civil society groups have been campaigning for repealing the PTA.
  • It was this question and mounting international criticism that pushed the government to consider a new law to replace the PTA with, but the draft of the proposed legislation has only reinforced old fears.
  • According to human rights activists, the draft policy and legal framework of the counter-terror law, much like the PTA, have broad definitions that may infringe on free expression and human rights activism.
  • For hundreds of families in the north, the PTA evokes unpleasant memories. The Act was used indiscriminately during Sri Lanka’s war years—then the army would round up Tamil-majority villages in the north
  • One of the few times that the Sri Lankan state evoked the Act in the south was during the second JVP insurrection from 1987-89, to arrest revolting Sinhalese youth.

:: INDIA AND WORLD ::

INDIA- NEW ZEALAND DISCUSSIONS ENCOURAGE CHANCE OF NSG BID

  • India failed to get an outright statement of support for its bid to become a member of the Nuclear Suppliers Group from New Zealand Prime Minister John Key after talks with Prime Minister Narendra Modi.
  • However India is encouraged” by the discussions they held ahead of the next NSG meeting on the issue on November 9-10.
  • Mr. Key said, indicating that New Zealand is yet to change its hard-line position on only admitting signatories to the Non-Proliferation Treaty into the NSG, a group which works by consensus.

INDIA AND RUSSIA CALLED FOR COLLECTIVE ACTION AGAINST TERRORISM

  • Condemning “double standards” in the fight against terrorism, India and Russia called for “collective efforts to combat terrorism.”
  • The remarks were made by Defence Minister and his Russian counterpart General at the beginning of the 16th session of the Indo-Russian Inter-Governmental Commission for military and technical cooperation.
  • Taking note of Russia’s efforts to eliminate terrorists in West Asia, Mr. Parrikar said one of the key security challenges faced by India is that of cross-border terrorism.
  • Gen. Shoigu said that terrorists cannot go from being terrorists on Monday to being moderate opposition with reference to the developments in Syria.
  • The Russian Defence Ministry said in a statement that Gen. Shoigu had invited Indian specialists to participate in the Army-2017 international military and technical forum.
  • Negotiations to conclude the final agreements based on the Inter-Governmental Agreements are now under way for five S-400 air defence systems and four Project 1135.6 follow-on Teg class stealth frigates.
  • The status of the ongoing negotiations for the joint development of the Fifth Generation Fighter Aircraft was also reviewed.

:: BUSINESS AND ECONOMY ::

INDIA HAS THIRD LARGEST STARTUP COMPANIES

  • India continues to harbour the third largest start-up base, marginally behind the U.K., according to a Nasscom-Zinnov start-up report.
  • The report, titled “Indian Start-up Ecosystem Maturing – 2016,” says that the ecosystem is poised to grow by an impressive 2.2X to reach more than 10,500 start-ups by the year 2020.
  • There is an increased interest from student entrepreneurs this year, according to the report. A remarkable growth of 25 per cent has been witnessed in 2016 with over 350 ventures founded by young students.
  • The median age of start-up founders has reduced marginally from 32 years in 2015 to 31 years in 2016.
  • Some of the notable findings of the report include: continued growth in the number of start-ups in 2016 with Bengaluru, the National Capital Region and Mumbai continuing to lead as major start-up hubs for the nation.
  • In terms of vertical growth, investors are looking at domains like health-tech, fin-tech, and edu-tech. With a total funding of approximately $4 billion, close to 650 young firms were funded signifying a healthy growth of the ecosystem.
  • The number of technology firms in India is expected to grow by 10-12 per cent to more than 4,750 start-ups by the end of 2016.
  • More than 1,400 new ventures emerged in 2016 denoting that the ecosystem is becoming prudent with both investors and start-up founders focusing on profitability and optimising the overall spend.

DUE TO FALLING DEVICE PRICES INDIA’S MOBILE SUBSCRIBERS TO INCREASE

  • Driven by falling prices of devices and network coverage improvements, India is expected to have one billion unique mobile subscribers by 2020, according to a new study by GSMA.
  • According to the report, ‘The Mobile Economy: India 2016’, at the end of June 2016, 616 million unique users had subscribed to mobile services in India, making it the second-largest mobile market globally.
  • Almost half the country’s population now subscribe to a mobile service. Improving affordability, falling device prices and better network coverage aided by operator investment will help deliver over 330 million new unique subscribers by 2020.
  • The reports stated that the number of 3G/4G mobile broadband connections is forecast to reach more than 670 million by 2020, 48 per cent of the total connection base.
  • The report states that the industry is set to invest heavily, with capital expenditure by operators growing to $34 billion (Rs.2.3 lakh crore) for the period 2016 to 2020.
  • In 2015, India’s mobile industry generated economic value equivalent to 6.5 per cent of the country’s GDP, or more than $140 billion (Rs.9 lakh crore).

:: IMPORTANT DETAILED NEWS ::

MILAN CONFERS HONORARY CITIZENSHIP ON DALAI LAMA

The Milan city council bestowed honorary citizenship on the Dalai Lama. However, China has strongly opposed another award given to him.

Lamberto Bertole, Chairman of the Council of Milan, honoured the Dalai Lama with the Milan Honorary Citizenship award at a ceremony held at the Arcimboldi Theatre in Milan, Italy.

About Dalai Lama

The 14th Dalai Lama is the current Dalai Lama.

Dalai Lamas are important monks of the Gelug school, the newest school of Tibetan Buddhism, which is nominally headed by the Ganden Tripas.

From the time of the 5th Dalai Lama to 1959, the central government of Tibet, the Ganden Phodrang, invested the position of Dalai Lama with temporal duties.

The 14th Dalai Lama was born in Taktser village, Amdo, Tibet.

He was selected as the tulku of the 13th Dalai Lama in 1937 and formally recognized as the 14th Dalai Lama at a public declaration near the town of Bumchen in 1939.

His enthronement ceremony as the Dalai Lama was held in Lhasa on 22 February 1940.

He eventually assumed full temporal duties on 17 November 1950, at the age of 15, after China's invasion of Tibet.

During the 1959 Tibetan uprising, the Dalai Lama fled to India, where he currently lives as a refugee.

The 14th Dalai Lama received the Nobel Peace Prize in 1989.

INDIAN FOOTBALL TEAM ACHIEVES HIGHEST FIFA RANKING IN SIX YEARS

The Indian football team achieved its best FIFA ranking in over six years. The team jumped 11 placed to be 137th in the latest list.

India, who defeated 114th ranked Puerto Rico in an International Friendly in Mumbai in September 2016, garnered 230 points for the month.

In August 2010, India were ranked 137th which stayed India’s best ever FIFA Ranking since then.

The Indian team was ranked 171st in February 2015 and slipped to 173rd in March 2015.

At present, Argentina tops the FIFA World Rankings, followed by Germany and Brazil.

About FIFA World Rankings

The FIFA World Ranking is a ranking system for men's national teams in association football.

The teams of the member nations of FIFA are ranked based on their game results with the most successful teams being ranked highest.

The rankings were introduced in December 1992, and eight teams (Argentina, Belgium, Brazil, France, Germany, Italy, the Netherlands and Spain) have held the top position, of which Brazil have spent longest ranked first.

A points system is used, with points being awarded based on the results of all FIFA-recognised full international matches.

The ranking system was most recently revamped after the 2006 World Cup, with the first edition of the new series of rankings issued on 12 July 2006. The most significant change is that the rankings are now based on results over the previous four years instead of the previous eight years.

INDIA, WORLD BANK SIGN $650 MILLION AGREEMENT FOR EASTERN DEDICATED FREIGHT CORRIDOR

India signed a 650-million US dollar loan agreement with the World Bank for the Eastern Dedicated Freight Corridor-III (EDFC-III) Project. The project will benefit industries of Northern and Eastern India, which rely on railway network for transportation of material inputs and exports.

These industries also depend on railway network for transportation for the distribution of bulk processed and semi-processed commodities and consumer goods. Railway passengers will also be benefitted through decongestion of the existing passenger lines.

The project is being developed by Dedicated Freight Corridor Corporation of India Ltd. (DFCCIL). It would also help in creating jobs in the northern and eastern regions of the country.

Objective

• The EDFC-III Project is to augment rail transport capacity, improve service quality and enhance freight carriage throughput on the 401 km Ludhiana-Khurja section of the Eastern Dedicated Freight Corridor

• It seeks to develop institutional capacity of DFCCIL to build, maintain and operate the entire DFC network.

The third loan agreement that the World Bank has signed for the Eastern Corridor, which is about 1840 km long and extends from Ludhiana to Kolkata. EDFC is going to be a broad gauge corridor. This will have double line and will be electrified. The corridor will also pass through Dadri (The origin point of Western Dedicated Freight Corridor) which will serve as a junction.

This project is in continuation of Phase-I and II of the EDFC Projects being implemented by the DFCCIL with the World Bank loan of US$ 975 million and US$ 1100 million respectively on the Dadri-Khurja-Kanpur; and Kanpur-Mughal Sarai stretches of the Eastern Rail Corridor (Ludhiana-Delhi-Kolkata).

LEWIS HAMILTON WINS 2016 UNITED STATES GRAND PRIX

Mercedes driver Lewis Hamilton won the 2016 United States Grand Prix. The race was held at the Circuit of the Americas, Austin, Texas, United States.

Nico Rosberg finished second while Red Bull Racing-TAG Heuer’s Daniel Ricciardo finished third in the race.

With this, Hamilton has now won 50 races in his career, with only Alain Prost (51) and Michael Schumacher (91) having won more than that number in the history of the sport.

About United States Grand Prix

The United States Grand Prix is a motor race, which has been held in the U.S. on and off since 1908.

The race was previously known as the American Grand Prize.

The race later became part of the Formula One World Championship.

Since 2012, it has been held at the Circuit of the Americas.

The 2016 edition of the race marked the forty-sixth running of the United States Grand Prix.

INDIA WINS 2016 KABADDI WORLD CUP

India lifted the 2016 Kabaddi World Cup. Team India, under the captaincy of Anup Kumar, defeated Iran 38-29 in the final held at the Arena By TransStadia in Ahmedabad, Gujarat.

This was India's 3rd World Cup in the Standard Style version of Kabaddi.

About 2016 Kabaddi World Cup

The 2016 Kabaddi World Cup was an international kabaddi tournament governed by the International Kabaddi Federation.

It was contested from 7 to 22 October 2016 in Ahmedabad, India.

Twelve countries had competed in the tournament.

The tournament was hosted at The Arena by TransStadia, a newly-constructed convertible stadium in Ahmedabad.

The official emblem of the tournament was unveiled on 14 September 2016 by Minister of Youth Affairs and Sports Vijay Goel. It incorporated a stylized lion, representing the Asiatic lions of Girnar.

 

 

 

 

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Last Updated on Tuesday, 01 November 2016 07:27
 
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